Stamp Duty Land Tax


With immediate effect, SDLT payable on commercial properties will be replaced with a progressive rate system, rather than the current slab rate, so that SDLT is charged and paid on the portion of the purchase price in each band. The bands will be: £0 – £150,000 – 0%, £150,001 – £250,000 – 2%, above £250,000 – %. Transactional rules for acquisitions prior to 17/03/2016 will apply.